When does the current lease end?
The Lease terminates on 31 May 2019.
Is there an option of renewal & what period?
An option to renew for a period of five years is available as set out in the current Lease agreement.
What is the annual escalation %?
The Rental agreement makes provision for an annual escalation of 8%.
What are the trading hours?
The current trading hours is 9 am to 9 pm Mondays to Sundays. Closed 25 December.
What is the square meters of the business?
The floor space is 97m2
Who is the Owner/Landlord?
The owner is a well known property tycoon in the Eastern Cape.
Is a copy of the lease available?
Yes, a copy of the Lease agreement is on file.
Do you require a licence?
No licence required except for Samroc (SA Music rights) Subscription.